Targetfollow administrators ready to finish last round of asset sales

Marion Dakers
ADMINISTRATORS of two Targetfollow portfolios put into administration last autumn are set to wrap up the final asset disposals, City A.M. can confirm.

Deloitte last week appointed agents to sell Targetfollow’s residential and retail buildings on Prince of Wales Road, Norwich.

In a separate sale, Deloitte is considering options and offers for nearby Harford Place, one of Targetfollow’s biggest assets outside of London.

The £120m sale of the Centre Point tower to former Land Securities executive Mike Hussey’s Almacantar is ongoing, with a formal announcement expected within weeks.